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Amistar Announces Listing Change.


SAN MARCOS San Marcos (săn mär`kəs).

1 City (1990 pop. 38,974), San Diego co., S Calif., a northern suburb of San Diego; settled 1880s, inc. 1963.
, Calif.--(BUSINESS WIRE)--March 15, 1999--Amistar Corp. (Nasdaq:AMTA AMTA American Music Therapy Association.
AMTA,
n See American Music Therapy Association.
) today announced that it has been notified by Nasdaq that the company is no longer qualified for listing on the Nasdaq National Market and was being transferred to the Nasdaq SmallCap Market effective this date.

The single reason for the transfer was that the public float has fallen below the minimum of $5,000,000. Although the total value of all shares outstanding is well above $5,000,000, the large percentage of stock held by the original owners, officers and directors is not considered public float.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 17, 1999
Words:98
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